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U.S. Weekly Jobless Claims Unexpectedly Rise To 218,000

First-time claims for U.S. unemployment benefits unexpectedly increased in the week ended May 14th, according to a report released by the Labor Department on Thursday.

The report showed initial jobless claims rose to 218,000, an increase of 21,000 from the previous week's revised level of 197,000.

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by RTTNews Staff Writer

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